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Bakersfield is Attracting Almost Three Times as Many Out-of-Town Homebuyers as Last Year

Commercial Real Estate Services » Bakersfield is Attracting Almost Three Times as Many Out-of-Town Homebuyers as Last Year

On February 26th, 2021

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Bakersfield is Attracting Almost Three Times as Many Out-of-Town Homebuyers as Last Year

Bakersfield is among the places with 100%-plus increases in the number of people looking to move in, according to February 25 report by Redfin.com. In fact, Bakersfield is attracting almost three times as many out-of-town homebuyers as last year.

The report also shows that Bakersfield is the only California location to post a 100%-plus increase in out-of-town homebuyers. 

Bakersfield had a net inflow of 1,139 Redfin.com users in January, up from 407 in January 2020, before the onset of the pandemic. A net inflow is a measure of how many more Redfin.com home searchers looked to move into a metro than leave out of a sample of 2 million Redfin users. 

The top origins of homebuyers moving into Bakersfield from out of town were Los Angeles, the San Francisco Bay area and Tampa, Florida. 

This latest migration analysis is based on a sample of more than 2 million Redfin.com users who searched for homes across 87 metro areas in January, excluding searches unlikely to precede an actual relocation or home purchase. To be included in this report, metro areas must have had a net inflow of at least 1,000 Redfin.com users in January.  

The Bakersfield metro area includes all of Kern County.

Photo credit David Seibold

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